Fr. Apr 19th, 2024

• The value of digital assets under management (AUM) for digital asset investment products in February rose to $28.3 billion, the highest number recorded since May 2022.
• Bitcoin and Ethereum continue to account for the lion’s share of the digital assets under management.
• Grayscale is still the most dominant asset management firm with $20.8 billion worth of digital assets under management.

Digital Assets Under Management

The value of digital assets under management (AUM) for digital asset investment products in February rose to $28.3 billion, the highest number recorded since May 2022, according to Cryptocompare stats. Bitcoin and ethereum continue to account for the lion’s share of the digital assets under management.

Highest AUM Since May

The total U.S. dollar value of digital assets under management (AUM) in February rose to $28.3 billion up from approximately $26.8 billion recorded in January, the latest Cryptocompare data has shown. The latest total makes this the „highest AUM recorded since May 2022,“ the report added According to a report released by Cryptocompare, a digital asset data provider, the latest AUM increase „signalled the bullish sentiment of investors and the increased appetite for digital assets.“ The increase in investor’s appetite for digital assets came against backdrop of a U.S Securities and Exchange Commission (SEC)-led crackdown on industry players as well as macroeconomic setbacks.

Lion’s Share

As has been case in past, bitcoin (BTC) and ethereum (ETH) accounted lion’s share all Digital Assets Under Management February “The Assets Under Management(AUM)for Bitcoin and Ethereum-based Products saw an increase 6 .06% 1 .72% reaching $20billion 6 .80billion respectively As result these products now account 70 .5% 24 0 %of total AUM market share ”Crypto Compare Report said

Grayscale Still Rules Roost

The Crypto Compare Report noted that Grayscale is still most dominant Asset Management Firm with 20 .8 Billion dollars worth Digital Assets Under Management XBT Provider 1 .54 Billion 21Shares 1 .38 Billion are ranked second third respectively

Correlation Between Traditional & Digital Assets


Concerning correlation between Digital Assets Investment Products Traditional Assets Report noted recently stabilized expected decrease innovation

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